OFFSHORE SUPPORT VESSEL MARKET ANALYSIS
Key Developments:
For instance, in February 2014, Edison Chouest Offshore acquired U.S. based Bee Mar LLC, a marine transportation service provider including offshore drilling, production, and construction support, as well as subsea construction. The acquisition included seven vessels, including three 270 Class and four 300 Class platform supply vessels.
In August 2016, Edison Chouest Offshore announced new shipbuilding operation at the Port of Gulfport in Gulfport, Mississippi (U.S.). The company invested US$ 68 million to expand its offshore support vessel market in North American market.
For instance, in November 2018, Houston-based offshore support vessel Tidewater merged with GulfMark Offshore to create largest fleet in offshore support vessel market and merged company have 273 offshore vessels. This merger is expected to increase its product portfolio in North American market.
The major players operating global offshore support vessel market are maEdison Chouest Offshore, Abdon Callais Offshore, Havila Shipping ASA, Farstad Shipping ASA, Gulfmark Offshore Inc., Bourbon Offshore Marine services, and Island Offshore Management AS.
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